Never broke out of the flag or stayed above the MA's. Also, MNOV gave up more than 50% of it's morning move.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-16 12:43:00 | MNOV | buy | $5.230 | long |
2015-04-16 13:06:34 | MNOV | sell | $5.135 | 0 |
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This was not a bad entry.. You were a little early on the trend break. I like your discipline, if the trade doesnt work, get out. With that round number of $5.00 being so close by.. you knew it would pull back to there.